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BGF Emerging Markets Local Currency Bond Fund

Overview

Important Information: Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.
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Performance

Performance

  From
31-Mar-2015
To
31-Mar-2016
From
31-Mar-2016
To
31-Mar-2017
From
31-Mar-2017
To
31-Mar-2018
From
31-Mar-2018
To
31-Mar-2019
From
31-Mar-2019
To
31-Mar-2020
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Mar 31, 2020

-0.19 7.42 12.56 -13.06 -11.77
Benchmark (%) Index: JP Morgan GBI-EM Global Diversified Index in HKD<br /><br /> Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

as of Mar 31, 2020

-1.61 5.67 14.10 -7.56 -7.70
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Growth of Hypothetical 10,000 The growth of hypothetical $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

Performance chart data not available for display.
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Distributions

Record Date Ex-Date Payable Date
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Key Facts

Key Facts

Size of Fund (Millions) as of Jul 7, 2020 USD 2,677.064
Base Currency U.S. Dollar
Fund Inception Date Jun 26, 1997
Share Class Inception Date Sep 22, 2008
Asset Class -
Morningstar Category Global Emerging Markets Bond - Local Currency
Benchmark Index JP Morgan GBI-EM Global Diversified Index in HKD
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0388349754
Bloomberg Ticker BGFLEA3
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B3DBV52
Bloomberg Benchmark Ticker ELMIPLHKD
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment HKD 5000
Minimum Subsequent Investment -
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of May 31, 2020 12.16
5y Volatility - Benchmark as of May 31, 2020 12.19
5y Beta as of May 31, 2020 1.112

Ratings

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Jun 30, 2020
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2023 3.56
PERU (REPUBLIC OF) 6.95 08/12/2031 2.29
BRAZIL FEDERATIVE REPUBLIC OF 10 01/01/2025 2.25
SOUTH AFRICA (REPUBLIC OF) 8 01/31/2030 2.01
HUNGARY (REPUBLIC OF) 3 08/21/2030 1.93
Name Weight (%)
COLOMBIA (REPUBLIC OF) 7.5 08/26/2026 1.91
SOUTH AFRICA (REPUBLIC OF) 10.5 12/21/2026 1.86
PERU (REPUBLIC OF) 6.35 08/12/2028 1.82
BRAZIL FEDERATIVE REPUBLIC OF (GOV 0 07/01/2023 1.73
CZECH REPUBLIC 2 10/13/2033 1.67
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Jun 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Jun 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Jun 30, 2020

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Jun 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Jun 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Jun 30, 2020

% of Market Value

Type Fund Benchmark Net
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Allocations are subject to change.

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
A3 HKD Monthly 27.78 -0.14 -0.50 31.29 24.14 - LU0388349754 - -
I5 USD Quarterly 8.83 -0.04 -0.45 9.89 7.63 - LU1495982867 - -
C2 USD Accumulating 19.47 -0.10 -0.51 21.37 16.73 - LU0278476923 - -
Class I3 Hedged GBP Monthly 6.23 -0.03 -0.48 7.14 5.44 - LU0995336418 - -
D2 Hgd CHF Accumulating 8.38 -0.05 -0.59 9.25 7.21 - LU1688375184 - -
X2 Hgd GBP Accumulating 9.52 -0.05 -0.52 10.50 8.17 - LU1505939139 - -
Class AI5 EUR - 9.38 -0.01 -0.11 10.84 8.47 - LU1960220660 - -
D2 USD Accumulating 24.53 -0.13 -0.53 26.70 20.97 - LU0383940458 - -
Class S3 Hedged GBP - 9.40 -0.05 -0.53 10.78 8.21 - LU1911699996 - -
D2 CHF Accumulating 23.12 -0.04 -0.17 26.08 20.58 - LU1065150267 - -
A2 Hgd SGD Accumulating 7.96 -0.04 -0.50 8.76 6.83 - LU0358998713 - -
X2 AUD Accumulating 9.99 -0.02 -0.20 11.22 9.88 - LU1554267051 - -
A8 Hgd AUD Monthly 6.25 -0.03 -0.48 7.25 5.49 - LU1133072774 - -
A2 CHF Accumulating 21.70 -0.04 -0.18 24.56 19.35 - LU0938162186 - -
I2 EUR Accumulating 21.78 -0.03 -0.14 24.48 19.45 - LU1559746307 - -
X2 GBP Accumulating 5.54 -0.04 -0.72 5.95 4.95 - LU1688375267 - -
A1 EUR Daily 3.16 0.00 0.00 3.62 2.86 - LU0278461065 - -
A1 USD Daily 3.56 -0.02 -0.56 3.97 3.09 - LU0278477574 - -
I5 EUR Quarterly 7.82 -0.01 -0.13 9.05 7.07 - LU0995350831 - -
A2 Hgd EUR Accumulating 7.15 -0.03 -0.42 7.91 6.16 - LU0359002093 - -
D3 Hgd GBP Monthly 6.20 -0.03 -0.48 7.11 5.42 - LU0995345831 - -
I2 GBP - 19.58 -0.17 -0.86 21.15 17.54 - LU1741217027 - -
A2 EUR Accumulating 20.40 -0.03 -0.15 22.99 18.26 - LU0278457204 - -
I2 CHF - 23.17 -0.04 -0.17 26.11 20.62 - LU1781817694 - -
D2 Hgd EUR Accumulating 7.32 -0.04 -0.54 8.09 6.30 - LU0622213642 - -
A3 USD Monthly 3.58 -0.02 -0.56 4.01 3.11 - LU0278470132 - -
A2 Hgd SEK Accumulating 84.91 -0.43 -0.50 94.00 73.09 - LU1715605868 - -
A6 Hgd SGD Monthly 7.11 -0.03 -0.42 8.20 6.25 - LU1676225185 - -
A4 EUR Annual 13.09 -0.02 -0.15 14.82 11.71 - LU0478974834 - -
D5 GBP Quarterly 8.34 -0.07 -0.83 9.53 7.56 - LU1694209807 - -
A3 EUR Monthly 3.18 0.00 0.00 3.64 2.88 - LU0278457469 - -
A2 USD Accumulating 23.03 -0.11 -0.48 25.12 19.72 - LU0278470058 - -
D3 USD Monthly 14.83 -0.07 -0.47 16.58 12.88 - LU0523291242 - -
Class E5 Hedged EUR Quarterly 5.85 -0.03 -0.51 6.75 5.09 - LU1062843260 - -
A4 USD Annual 14.77 -0.08 -0.54 16.55 12.65 - LU0548402170 - -
D2 EUR Accumulating 21.73 -0.03 -0.14 24.44 19.42 - LU0329592702 - -
D3 Hgd AUD Monthly 5.88 -0.03 -0.51 6.72 5.13 - LU0827884841 - -
C2 EUR Accumulating 17.25 -0.02 -0.12 19.53 15.49 - LU0278457972 - -
A6 USD Monthly 7.84 -0.04 -0.51 8.94 6.87 - LU1408528211 - -
D3 EUR Monthly 13.14 -0.01 -0.08 15.07 11.92 - LU0827884924 - -
D2 Hgd GBP Accumulating 13.71 -0.07 -0.51 15.15 11.78 - LU0827885491 - -
D4 EUR Annual 13.16 -0.02 -0.15 14.91 11.76 - LU0827885145 - -
C1 USD Daily 3.56 -0.02 -0.56 3.97 3.08 - LU0278478119 - -
E2 USD Accumulating 21.53 -0.11 -0.51 23.55 18.46 - LU0374975414 - -
D2 Hgd PLN Accumulating 9.73 -0.04 -0.41 10.71 8.34 - LU0827884684 - -
I2 Hgd EUR Accumulating 7.56 -0.03 -0.40 8.34 6.50 - LU0473186707 - -
E2 EUR Accumulating 19.08 -0.02 -0.10 21.54 17.09 - LU0278459671 - -
I2 USD Accumulating 24.59 -0.12 -0.49 26.74 21.01 - LU0520955575 - -
D2 Hgd SGD Accumulating 8.28 -0.05 -0.60 9.10 7.10 - LU0827884767 - -
A6 Hgd GBP Monthly 7.22 -0.04 -0.55 8.46 6.37 - LU1408528302 - -
D3 HKD Monthly 114.91 -0.57 -0.49 129.46 99.87 - LU0827885061 - -
A2 CZK Accumulating 545.03 0.20 0.04 573.35 507.04 - LU1791177113 - -
A2 Hgd CHF Accumulating 6.98 -0.04 -0.57 7.72 6.01 - LU0623004180 - -
D4 USD Annual 14.86 -0.07 -0.47 16.65 12.70 - LU0827885228 - -
Class X5 Hedged GBP - 9.06 0.07 0.78 10.36 7.83 - LU1954752702 - -
Class AI2 EUR - 9.86 -0.02 -0.20 11.11 8.83 - LU1960220587 - -
X2 USD Accumulating 6.95 -0.04 -0.57 7.54 5.93 - LU0344905624 - -
A3 Hgd AUD Monthly 5.88 -0.03 -0.51 6.73 5.13 - LU0575500318 - -
A2 Hgd PLN Accumulating 9.35 -0.05 -0.53 10.33 8.04 - LU0480535052 - -
E2 Hgd EUR Accumulating 6.79 -0.03 -0.44 7.53 5.85 - LU0474536231 - -
A6 Hgd CAD Monthly 7.69 -0.04 -0.52 8.90 6.78 - LU1408528641 - -
A8 Hgd NZD Monthly 7.78 -0.04 -0.51 9.00 6.84 - LU1408528724 - -
A6 Hgd HKD Monthly 78.04 -0.39 -0.50 89.19 68.40 - LU1408528484 - -
X2 EUR Accumulating 6.16 -0.01 -0.16 6.91 5.49 - LU0531082021 - -

Portfolio Managers

Portfolio Managers

Sergio Trigo Paz
Managing Director, Head of BlackRock's Emerging Markets Fixed Income

Sergio Trigo Paz, Managing Director, is Head of BlackRock's Emerging Markets Fixed Income.

Laurent Develay
Managing Director, Head of Emerging Markets Local Debt Investments

Laurent Develay, Managing Director, Head of Emerging Markets Local Debt Investments within BlackRock's Global Fixed Income Group.

Michal Wozniak, CFA
Vice President, Portfolio Manager for Emerging Markets Debt Portfolio Management team

Michal Wozniak, CFA, Director, is a Portfolio Manager for Emerging Markets Debt Portfolio Management team for Blackrock Global Fixed Income Group.

Literature

Literature